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All Forum Posts by: Sherman Cummings

Sherman Cummings has started 1 posts and replied 3 times.

Post: Only Duplex in neighborhood

Sherman CummingsPosted
  • Posts 3
  • Votes 2

@Alecia Loveless thank you Alecia. Thank you for the help.

Post: Only Duplex in neighborhood

Sherman CummingsPosted
  • Posts 3
  • Votes 2

@Kevin Sobilo thank you Kevin for the tips my brother! I really appreciate it. Will for sure try these steps.

Post: Only Duplex in neighborhood

Sherman CummingsPosted
  • Posts 3
  • Votes 2

My name is  Sherman and currently looking at a house hack on a duplex. I have a deal l am looking at, and am currently trying to comb through all the numbers and do all the research I can to vet it. One problem I am having is figuring out what to offer on the property. It is the only duplex in the neighborhood/ nearby areas. I have been looking at sf homes with comparable SqFt to one of the units, as well as the units combined to try and get a feel for what this is worth. The duplex has been sitting for 90 days and is 3 times more than All single family Homes with the 3 beds and 3 baths in the neighborhood. I know I  shouldn’t compare apples to oranges but looking for any tips on how I can get a feel on what it’s worth.

Any recommendations?

Any tips are much appreciated.